Paul Samuelson was an American economist and the first American to receive the Nobel Memorial Prize in Economic Sciences. He is widely regarded as the 'Father of Modern Economics,' credited with significantly raising the standard of scientific analysis in economic theory. Samuelson's contributions were marked by his application of mathematical methods to economic problems and his synthesis of various economic schools of thought. His influence shaped an entire generation of economists, and his ideas continue to resonate today.
This volume is compiled by Paul A. Samuelson, winner of the 1970 Nobel Prize in Economics. He brings together a collection of peer interviews to create an account of the development of modern economics and gives a personal history of those who helped found it
An introduction to modern economic principles, this edition features a new chapter on open economy economics. There is continued emphasis in this text on the analytical core of economics with particular attention paid to the analysis of market economics.
Economics,17e,by Samuelson and Nordhaus,is the classic text which set the standard for principles of economics texts when it was introduced in 1948. This text has been the standard-bearer in principles books for over 50 years,presenting a clear,accurate,and interesting indroduction to economics. Bill Nordhaus is now the primary author of this modern treatment of economics which has been thoroughly updated.
An Introductory Analysis
